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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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331 Poe Street, Palo Alto – $5,650,000

  • $5.7M Price
  • .21 Acres
  • 132 DOM
  • $5.7M Price
  • .21 Acres
  • 132 DOM

331 Poe Street

Rarely available true pride of ownership 8-unit opportunity in core downtown Palo Alto. This immaculately maintained property contains a large 3+2.5 owner's unit, (2) 2+1.5, (4) 1+1 and (1) unpermitted Studio unit mix. 331 Poe features many amenities not typically found in asset of this size such as electric vehicle charging (7 units), a pool, and oversized storage units. Most apartments have updated kitchens and baths, plank flooring, stainless steel appliances, and dishwashers. The property is located moments to Stanford University, Shopping Center, and Health Care system, is transit-oriented being a short walk to the Palo Alto Caltrain station, and benefits from quaint retail and restaurants of University Avenue. 331 Poe feeds to the top public school district in California. This is one of a kind.

Essential Information

  • MLS® #ML82000416
  • Price$5,650,000
  • Bathrooms0.00
  • Acres0.21
  • Year Built1965
  • TypeCommercial Sale
  • StatusActive

Community Information

  • Address331 Poe Street
  • Area699 - Not Defined
  • CityPalo Alto
  • CountySanta Clara
  • Zip Code94301

Interior

  • HeatingForced Air, Wall Furnace
  • CoolingWall/Window Unit(s)

Exterior

  • RoofTile, Other

School Information

  • DistrictPalo Alto Unified
  • ElementaryOther
  • MiddleOther
  • HighPalo Alto

Additional Information

  • Date ListedApril 1st, 2025
  • Days on Market132
  • ZoningR1

Listing Details

  • AgentJoel Hopman
  • OfficeNewmark Cornish & Carey
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Price Change History for 331 Poe Street, Palo Alto, (MLS® #ML82000416)

Date Details Change
Price Reduced from $5,945,000 to $5,650,000 $295,000 (4.96%)

Joel Hopman, Newmark Cornish & Carey.

Based on information from California Regional Multiple Listing Service, Inc. as of August 11th, 2025 at 9:30pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.